Third quarter profits were $6.6 million or 22 cents a share,compared to profits of $8.6 million or 28 cents a share in thethird quarter of 1999. Third quarter revenue was also down in 2000,falling to $190.3 million from $219.1 million in the same 1999period. Operating income for the third quarter was $20.4 million,compared to $20.9 million for the third quarter of 1999.

Through the first nine months of 2000, Crown Pacific isreporting profits of $21.9 million or 71 cents a share, on revenuesof $636.3 million. The first nine months of 1999 produced profitsof $26.2 million or 86 cents a share on revenues of $590.4 million.Operating income for the first nine months of 2000 was $64.1million, compared to $63.6 million over the same 1999 period.

Compared to the third quarter of 1999, lumber prices havedropped almost 38%, from $493 per thousand board feet last year to$307 per thousand board feet in the quarter just ended, says CrownPacific president and chief executive officer Peter W. Stott. Thecompany expects fourth quarter results to approximate third quarter2000 levels and fall within the range of 18-to-23 cents pershare.